HealthEquity FY27 Q2 net income rises 10% to $65.6 million; revenue increases 8% to $350.7 million - HQY News | RalliesHealthEquity FY27 Q2 net income rises 10% to $65.6 million; revenue increases 8% to $350.7 million
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HQY• Quarterly results
- HealthEquity reported fiscal Q2 net income up 10% to USD 65.6 million, lifting net income margin 1 percentage point to 19%.
- Revenue climbed 8% to USD 350.7 million, with custodial revenue of USD 175.9 million outpacing service revenue of USD 124.4 million.
- Adjusted EBITDA rose 11% to USD 167 million, widening the Adjusted EBITDA margin 2 percentage points to 48%.
- Total HSA assets increased 14% to USD 37.9 billion, including USD 20.6 billion of investments; HSA accounts grew 8% to 10.7 million.
Updated fiscal 2027 guidance
- Management raised fiscal 2027 guidance, projecting revenue of USD 1.411 billion-USD 1.421 billion with Adjusted EBITDA of USD 628 million-USD 636 million.
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